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Financial Data and Key Metrics Changes - For the full year 2025, the company produced $3.49 per share, with net income just under $135 million and a net interest margin (NIM) of 3.9% [4] - In Q4, net income was $34 million, equating to $0.89 per share, slightly down from Q3, with a return on assets (ROA) of 1.37% [5] - The NIM rose to 3.99%, up six basis points from the previous quarter, marking the best performance since Q2 2023 [6] - Non-interest income increased by $500,000 in Q4, with expectations for fees in 2026 to remain around $13 million to $14 million per quarter [13] Business Line Data and Key Metrics Changes - Loan growth for Q4 was just under $100 million at 4.5%, primarily driven by commercial banking, with C&I and CRE portfolios growing by $53 million and $34 million, respectively [8] - Customer deposit growth was just under $60 million at 2.9%, with a strong deposit mix where demand deposits accounted for 27% of total balances [6] - The allowance for credit losses (ACL) decreased from 1.23% to 1.15% quarter over quarter, reflecting a reduction in criticized and classified loans by $30 million, or 13% [10] Market Data and Key Metrics Changes - The company anticipates mid-single digit loan growth for 2026, primarily from C&I and CRE, supported by increased activity from investments in team leadership and banker talent [9] - The company experienced a strong Q4 in customer deposit growth, particularly in the consumer space, despite some anomalous activity with large commercial depositors [36] Company Strategy and Development Direction - The company announced a new $100 million share repurchase authorization, indicating robust capital levels and the ability to consider M&A opportunities [7] - The focus remains on maintaining asset quality while pursuing growth in commercial banking and consumer home equity [9] - The company is committed to adding talent in C&I and CRE to accelerate growth, with a strong emphasis on deposit gathering and developing new relationships [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining asset quality in 2026, with expectations that results will not perform worse than in 2025 [52] - The overall state of the economy is improving, but management is cautious about predicting growth rates significantly higher than GDP [20] - The company is optimistic about its ability to respond to competitive pressures in the deposit market, aiming to grow deposits at a rate that matches loan growth [89] Other Important Information - The TCE ratio decreased by 29 basis points due to share repurchases, but regulatory ratios remain strong with significant excess capital [14] - The company is utilizing AI tools for BSA, AML compliance, and fraud protection, which have resulted in significant savings [67][69] Q&A Session Summary Question: What is holding back loan growth from ramping to mid to high single-digit pace? - Management indicated that it is not a demand issue but ensuring asset quality of new customers meets criteria to maintain lower levels of criticized and classified loans [19] Question: How focused is hiring on the C&I side? - Hiring is a top priority across C&I and CRE, with efforts to enhance deposit gathering and customer relationships [22] Question: What is the outlook on deposit growth and funding loan growth? - The company expects to fund loan growth internally through deposit growth, with a strong focus on core deposit growth [36] Question: Can you provide an update on M&A discussions? - Management confirmed active dialogue across geographies, with a focus on executing current strategies while exploring M&A opportunities [27] Question: What are the competitive factors on the deposit side? - Early Q4 saw pressure from competitors to retain deposits, but the market became more rational in the second half of the quarter [88]

Financial Data and Key Metrics Changes - For the full year 2025, the company produced $3.49 per share and net income of just under $135 million, with a net interest margin (NIM) of 3.9% [4] - In Q4, net income was $34 million, equating to $0.89 per share, slightly down from Q3, with a return on assets (ROA) of 1.37% [5] - The NIM rose to 3.99%, up six basis points from the previous quarter, marking the best performance since Q2 2023 [6] - Non-interest income increased by $500,000 in Q4, with expectations for fees in 2026 to remain around $13 million to $14 million per quarter [13] Business Line Data and Key Metrics Changes - Loan growth for Q4 was just under $100 million at 4.5%, primarily driven by commercial banking, with C&I and CRE portfolios growing by $53 million and $34 million, respectively [8] - Customer deposit growth was just under $60 million at 2.9%, with demand deposit accounts (DDAs) representing 27% of total balances [6] - The allowance for credit losses (ACL) decreased from 1.23% to 1.15% quarter over quarter, reflecting a reduction in criticized and classified loans by $30 million, or 13% [10] Market Data and Key Metrics Changes - The company anticipates mid-single digit loan growth for 2026, primarily from C&I and CRE, supported by investments in team leadership and banker talent [9] - The competitive landscape for deposits has become more rational, with the company able to attract and retain deposits effectively [88] Company Strategy and Development Direction - The company announced a new $100 million share repurchase authorization, indicating strong capital levels and the ability to consider M&A opportunities [7] - The focus remains on maintaining asset quality while pursuing growth in commercial banking and consumer home equity [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining asset quality similar to 2025 levels, with a focus on reducing non-performing loans (NPLs) [11] - The overall economic state is improving, but management is cautious about predicting growth rates significantly higher than GDP [20] Other Important Information - The TCE ratio decreased by 29 basis points due to share repurchases, with regulatory ratios remaining strong [14] - The company is leveraging AI tools for compliance and fraud detection, which has resulted in significant savings [67][69] Q&A Session Summary Question: Loan growth expectations and constraints - Management indicated that loan growth is not constrained by demand but by ensuring asset quality of new customers [18][19] Question: Margin trends and competitive pressures - Management noted that competitive intensity around rates has decreased, allowing for better margin stability [23][25] Question: M&A activity and geographic focus - Management confirmed ongoing active dialogue regarding M&A opportunities without a significant shift in geographic preference [27] Question: Deposit growth and funding loan growth - Management expects to fund loan growth internally through deposit growth, with a strong focus on core deposit growth [36][37] Question: Asset quality and charge-offs - Management confirmed that charge-offs were related to previously identified credits, with a focus on reducing criticized and classified loans [50][51]

Financial Data and Key Metrics Changes - For the full year 2025, the company reported a net income of just under $135 million, equating to $3.49 per share, with a net interest margin (NIM) of 3.9% [4] - In Q4, net income was $34 million, or $0.89 per share, slightly down from Q3, with a return on assets (ROA) of 1.37% [5] - The NIM rose to 3.99%, up six basis points from the previous quarter, marking the best performance since Q2 2023 [6] - Non-interest income increased by $500,000 in Q4, with expectations for fees in 2026 to remain around $13 million to $14 million per quarter [14] Business Line Data and Key Metrics Changes - Loan growth for Q4 was just under $100 million at 4.5%, primarily driven by commercial banking, with C&I and CRE portfolios growing by $53 million and $34 million, respectively [6][8] - Customer deposit growth was just under $60 million at 2.9%, with a strong deposit mix where demand deposits (DDAs) represented 27% of total balances [6] - The allowance for credit losses (ACL) decreased from 1.23% to 1.15% quarter over quarter, reflecting a reduction in criticized and classified loans by $30 million, or 13% in Q4 [11] Market Data and Key Metrics Changes - The company anticipates mid-single digit loan growth for 2026, primarily from C&I and CRE, supported by investments in team leadership and banker talent [10] - The competitive landscape for deposits has become more rational, with the company focusing on core deposit growth to fund loan growth [66] Company Strategy and Development Direction - The company announced a new $100 million share repurchase authorization, indicating strong capital levels and the ability to consider M&A opportunities [7] - The focus remains on maintaining asset quality while pursuing growth in commercial banking and consumer home equity [10][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining asset quality similar to 2025 levels, with a focus on reducing non-performing loans (NPLs) [12][43] - The overall economic environment is improving, but management is cautious about predicting growth rates significantly higher than GDP growth [19] Other Important Information - The company has been actively hiring to support growth in C&I and CRE, with a focus on adding talent across various segments [20][32] - AI tools are being utilized for compliance and fraud detection, with ongoing efforts to enhance operational efficiency [54][56] Q&A Session Summary Question: Loan growth expectations and constraints - Management indicated that loan growth is not constrained by demand but by ensuring asset quality of new customers [18] Question: Margin outlook and competitive pressures - Management noted that competitive pressures on deposit rates have eased, allowing for better margin stability [21][66] Question: M&A activity and geographic focus - Management confirmed ongoing active dialogue regarding M&A opportunities without a significant shift in geographic preference [25] Question: Asset quality and charge-offs - Management clarified that recent charge-offs were related to previously identified credits, emphasizing the reduction in criticized and classified loans [40][43] Question: Deposit growth and funding loan growth - Management expects to fund loan growth internally through deposit growth, focusing on core deposit strategies [30][32]

Financial Performance - Full Year 2025 - Net income reached $134.2 million[9] - Earnings per share (EPS) amounted to $3.49[9] - Return on average assets (ROA) was 1.38%[9] - Return on average equity (ROE) stood at 9.29%[9] Financial Performance - Fourth Quarter 2025 - Net income totaled $34.0 million[13] - Earnings per share (EPS) were $0.89[13] - Return on average assets (ROA) was 1.37%[13] - Return on average equity (ROE) stood at 9.13%[13] - Pre-provision net revenue to average assets (PPNR) increased by 6 basis points to 1.95%[16] - Net interest margin (NIM) expanded by 6 basis points to 3.99%[16] Balance Sheet - Total loan growth reached $329.0 million, a 4.25% increase[9, 11] - Total deposit growth was $175.7 million, with customer deposit growth of $220.5 million, representing a 2.92% increase[9, 11] - Loan growth of $91.0 million, annualized at 4.52%, primarily in commercial loans[13, 24] - Total deposit growth of $36.9 million, annualized at 1.85%, with customer deposit growth of $56.9 million, annualized at 2.92%[13, 24] Asset Quality - Net loan charge-offs were $11.0 million, representing 0.54% of total loans[33] - The allowance for credit losses (ACL) decreased by 8 basis points to 1.15% compared to 1.23% at the end of the previous quarter[33] Capital Management - The company repurchased 948,270 shares for $36.2 million in the fourth quarter[16, 54] - A new share repurchase authorization of $100 million was approved in January 2026[16, 54]

S&T Bancorp (STBA) reported $105.29 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 11.6%. EPS of $0.89 for the same period compares to $0.86 a year ago.The reported revenue represents a surprise of +1.3% over the Zacks Consensus Estimate of $103.95 million. With the consensus EPS estimate being $0.89, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they co ...

S&T Bancorp (STBA) came out with quarterly earnings of $0.89 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this holding company for S&T Bank would post earnings of $0.85 per share when it actually produced earnings of $0.91, delivering a surprise of +7.06%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.S&T Bancor ...

Financial Performance - Net income for Q4 2025 was $34.0 million, or $0.89 per diluted share, compared to $35.0 million, or $0.91 per diluted share in Q3 2025[1] - Full year 2025 net income was $134.2 million, an increase from $131.3 million in 2024, with EPS rising to $3.49 from $3.41[2] - Net income for Q4 2025 was $33,967,000, slightly higher than $33,065,000 in Q4 2024, representing a 2.7% increase[28] - Diluted earnings per share for Q4 2025 were $0.89, compared to $0.86 in Q4 2024, marking a 3.5% increase[28] - Net income before amortization of intangibles for the twelve months ended December 31, 2025, was $134,904, compared to $132,169 in 2024[36] Asset and Loan Growth - Total portfolio loans increased by $91.0 million, or 4.52% annualized, compared to September 30, 2025[5] - Total assets reached $9.9 billion at December 31, 2025, an increase of $53.5 million from the previous quarter[12] - Total assets increased to $9,870,980 in Q4 2025 from $9,657,972 in Q4 2024[38] - Total loans reached $8,002,363 thousand in Q4 2025, maintaining a net interest margin of 6.00%, consistent with Q3 2025 and Q4 2024[31] Deposits and Interest Income - Total deposits rose by $36.9 million, or 1.85% annualized, with customer deposits growing by $56.9 million, or 2.92% annualized[5] - Total deposits for Q4 2025 were $7,958,831,000, up from $7,783,117,000 in Q4 2024, reflecting a growth of 2.25%[30] - Total interest and dividend income for Q4 2025 was $131,113,000, an increase from $127,879,000 in Q4 2024[28] - Net interest income for Q4 2025 reached $90,960,000, compared to $83,258,000 in Q4 2024, reflecting a year-over-year growth of 9.5%[28] Credit Quality and Losses - The allowance for credit losses (ACL) was $93.2 million, or 1.15% of total portfolio loans, down from $98.2 million, or 1.23% at September 30, 2025[9] - Net charge-offs for 2025 were $14.5 million, or 0.18% of average loans, compared to $8.3 million, or 0.11% in 2024[16] - The company reported a provision for credit losses of $5,696,000 in Q4 2025, compared to a negative provision of $(2,462,000) in Q4 2024[28] - Nonaccrual loans totaled $55,558 thousand in Q4 2025, representing 0.69% of total loans, compared to 0.62% in Q3 2025 and 0.36% in Q4 2024[33] Shareholder Equity and Returns - The total shareholders' equity increased to $1,475,874 thousand in Q4 2025, compared to $1,463,098 thousand in Q3 2025 and $1,374,907 thousand in Q4 2024[31] - Tangible book value (non-GAAP) increased to $29.11 in Q4 2025 from $28.69 in Q3 2025, and $26.25 in Q4 2024[35] - Return on average tangible shareholders' equity (non-GAAP) decreased to 12.30% in Q4 2025 from 12.81% in Q3 2025, and 13.25% in Q4 2024[35] - Average total shareholders' equity rose to $1,444,322 in 2025 from $1,330,870 in 2024[36] Efficiency and Margins - The efficiency ratio (FTE) for Q4 2025 was 53.99%, an improvement from 56.93% in Q4 2024[28] - Pre-provision net revenue to average assets (non-GAAP) improved to 1.95% in Q4 2025 from 1.89% in Q3 2025, and 1.72% in Q4 2024[35] - Net interest margin (FTE) (non-GAAP) increased to 3.90% in 2025 from 3.82% in 2024[37] - The net interest margin (FTE) for the twelve months ended December 31, 2025, was 3.90%, up from 3.82% in 2024[32]

INDIANA, Pa., Jan. 22, 2026 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced fourth quarter and full year 2025 earnings. Net income of $34.0 million, or $0.89 per diluted share, for the fourth quarter of 2025 compared to net income of $35.0 million, or $0.91 per diluted share, for the third quarter of 2025 and net income of $33.1 million, or $0.86 per diluted share, for the fourth quarter of 2024. Net income was $134.2 million for the full year 2025 compare ...

INDIANA, Pa., Jan. 22, 2026 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced that the board of directors authorized a new $100 million share repurchase program at its meeting held January 21, 2026. The new program will replace the existing share repurchase program effective January 26, 2026, and is set to expire February 1, 2027. The remaining capacity under the existing share repurchase program was terminated. The new program authorizes the share repurcha ...